Finding the best Medicare Supplement Plans in Florida is easier than ever. See which plans and companies are the best in the sunshine state.
Florida Medigap aids in covering the cost of health care. Costs can include deductibles, co-payments, and coinsurance.
Let’s talk about the best Medigap Plans in Florida to ensure you get the most bang for your buck.
Best Medicare Supplement Plans in Florida
Supplement Plans cover healthcare costs that have similar coverage to both Part A and Part B. Supplements don’t cover things like dental, vision, nursing care, or hearing aids.
Florida beneficiaries have 10 Supplement Plans to choose from, each distinct by letter.
All Florida Medigap Plans offer similar benefits; however, policy premiums might be different from county to county.
Best Medicare Supplement Plan in Florida is Plan F
Plan F is the most popular, this plan gives beneficiaries 100% coverage in the gaps. Although, despite the high costs, this plan is the most sought-after.
After January 1st, 2020 new beneficiaries can’t enroll in this plan as it’s retiring for those turning 65 after this date.
Beneficiaries eligible before January 2020 can enroll.
Second-Best Medigap Plan in Florida is Plan G
This plan is becoming one of the most common plans.
Offering the same coverage as Plan F. However, beneficiaries with Plan G must pay the small annual Part B deductible.
Plan G usually saves people the most money, while still providing the best coverage.
Also, there is High Deductible Plan G coming in 2020.
Medicare Supplement Plan N Benefits in Florida
Plan N beneficiaries must cover the Part B deductible. Plan N requires co-payments that depend on the service.
Co-payments for doctor visits are due at the time of service, these payments are $20. The emergency room visit is $50 when not inpatient.
Eligibility for the Best Medicare Supplement Plans in Florida
You must have Part A and B to have a supplement. The Open Enrollment Period starts the first day of the month of your 65th birthday and start of Part B.
Florida supplement plans must cover gaps in Medicare, supplement plans do not replace Medicare.
You must pay the Part B premium to keep health insurance coverage. Supplement Plans don’t include drug coverage, you must purchase Part D to avoid a penalty.
Best Medicare Supplement Insurance Companies in Florida
Florida has many options for Medicare Insurance Companies. However, finding the best company gives you peace of mind.
Companies that offer multiple lines of coverage have long-standing financial success, as well as good ratings are the best Medigap Companies in Florida.
Discover below which companies meet our standards to be the Best in Florida. The area you live in determines which company is right for your budget and healthcare needs.
Here’s some information on the best insurance companies in Florida.
Florida United American Medicare Supplement Plans
United American is an insurance company that began in 1947, basing the company on four core values: stability, service, quality, and commitment. As they evolve, UA is defined by these principles created years ago.
For over 40 continuous years United American has A+ ratings from A.M Best.
UA has cancer and critical illness protection to help pay costly expenses. United American also provides term life insurance to help you and your family cover costs of funerals and final expenses.
This is a stable company with a strong financial background, as well as multiple lines of coverage. It makes sense that United American is one of the best Medigap companies in Florida
Mutual of Omaha Florida Medigap Coverage
MOO has a wide range of Medigap plans for beneficiaries in Florida. Additionally, Mutual of Omaha is known for providing multiple lines of insurance.
They cover Life insurance, which gives options for end of life care. Plans for employees to ensure financial security with benefits as well as group investments.
Moo has policies in some areas that cover ancillary services such as; drug plans, dental Insurance, Long-Term Care insurance, critical illness insurance, cancer insurance, heart attack, as well as stroke insurance.
Florida Aetna Medicare Supplements
Aetna began in 1853 in Hartford, CT. Although, Aetna is now a subsidiary company of CVS Health Corporation.
Aetna covers over 43 million Americans; this makes them a leader in Medicare, health, disability, group, and dental insurance nationwide.
Florida Aetna Medicare Supplement plans have zero increases in rate for the first year of coverage. Also, if you and your spouse choose Aetna for coverage, you’ll receive a household discount.
Choose the Best Medigap Plans in Florida
When you chose a Supplement Plan in Florida, you get a 30-day Free Look Period which lets you cancel for whatever reason within the first 30 days for a full refund.
Plus, with a supplement you can see any doctor that accepts assignment, the policy can never cancel due to health issues, and you have nationwide acceptance of the policy.
Beneficiaries in the best Medicare Advantage Plans in Florida 2019 can still apply for a supplement; however, you’ll want to make sure you qualify for Medigap before you jump off your advantage plan.
An advantage plan isn’t a supplement; advantage plans replace Medicare whereas Supplements complement Medicare.
Best Medicare Supplement Insurance Plans in Florida Online
To learn more about your options and supplement plans you can visit MedicareFAQ.
You can speak with our agents by calling the number above.
Compare every plan option in the area. We’re here to help you save money and answer questions.
Reach out to us today, or you can compare the best Medicare Supplement insurance plans in Florida online by filling out this form.